Regarding about Segmental information is an important part of financial reporting, select two companies - one that
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Regarding about Segmental information is an important part of financial reporting, select two companies - one that uses IFRS and the other that uses U.S. GAAP.
Reference: https://www.accountingtools.com/articles/what-is-segment-reporting.html Questions:
- Discuss the presentation of these companies' financial statements.
- What are the key differences and which presentation do you feel is more useful to financial statement users?
Please provide your reference and its link
Expert Answer:
Answer rating: 100% (QA)
For this comparison lets choose two wellknown companies Nestle which follows International Financial Reporting Standards IFRS and CocaCola which adheres to US Generally Accepted Accounting Principles ... View the full answer
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